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Hydro Tasmania today welcomed the announcement of plans to investigate the expansion of Tasmania’s hydropower system, and said Tasmania is uniquely placed to help lead Australia through its energy challenges.

Hydro Tasmania has reached a significant milestone in its plans to reimagine the iconic Tarraleah hydropower scheme, publishing its preferred development option in a detailed preliminary business case.

When Eleanor first joined Hydro Tasmania as a Graduate Mechanical Engineer, she never imagined she’d end up trading energy on the National Electricity Market. But that’s the beauty of a graduate program—you get to explore different career paths and discover new passions along the way.

Hydro Tasmania has fulfilled its pledge to rebound strongly in the 2016-17 financial year.

Hydro Tasmania’s ongoing contribution to the sustainability of hydropower development and operation internationally has again been recognised with an award presented last month in China. Dr Helen Locher, Hydro Tasmania’s principal consultant for sustainability, was presented with the 2015 Mosonyi Award for Excellence in Hydropower during the 2015 World Hydropower Congress in Beijing. Dr Locher joined Luiz Gabriel Azevedo and Jean-Étienne Klimpt as the winners of the 2015 Award.

A strong focus on cost savings and business efficiency has enabled Hydro Tasmania to deliver a financial result significantly better than forecast a year ago. Hydro Tasmania achieved a result of $62.3 million (before fair value adjustment and revaluations) in 2014–15.

Hydro Tasmania welcomes the release of the draft 2022 Integrated System Plan (ISP) which has confirmed the importance of Marinus Link to unlocking Tasmania’s dispatchable energy capacity and long duration storage opportunities, now identifying it as an “actionable project”.